Editing FAQ about CS B corporation (section)

== “OK, but Casey said that if CS quit New Hampshire, the state would reclaim 1 million dollars” ==

Casey is not telling the whole story, so we have to speculate: first of all, it’s not true that a non-profit organization needs to pay to close. What they have to do is give their assets to another charity or to the government. So, this statement would only be true if CS had 1 million dollars in assets, which is unlikely especially because Casey had taken the precaution not to list the member database among the assets when he incorporated CouchSurfing International Inc. in 2003. Another possibility is that this 1 million dollars is how much money CS was owing to the government in taxes. For when it was denied the federal non-profit status (the now famous 501c3), it had to pay retroactively the taxes of the past years. But this debt is not dependent on what happens to the organization.